Columnist and associate professor at Georgetown University Julia-Sabina Joja in an article in the magazine National Interest warned that the commissioning of the Nord Stream 2 gas pipeline would have costly implications for the security and energy of Europe.
She noted that Germany is likely to secure lower gas prices, but other European Union (EU) countries, mainly Eastern European countries, will have to pay for this.
“The economic, political and security implications that follow the pipeline’s commissioning will be significant, and the payoff will be largely in Eastern Europe,” Joja said.
The observer added that for Kiev, the introduction of Nord Stream 2 into operation will mean an increase in gas prices, so “the situation will become more and more dangerous.” She stressed that depriving Ukraine of transit fees will provoke a reduction in economic benefits and energy security.
Earlier, the head of the German energy company Uniper, Klaus-Dieter Maubach, said that the launch of Nord Stream 2 is important for Europe, as it will reduce the volatility of gas prices and help reduce current market tensions. The company noted a decrease in the risks of delay or non-completion of the construction of the gas pipeline after the conclusion of a deal on it between the United States and Germany. Maubach expressed hope that the launch of the project will take place this year.